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important and impassioned argument about the effects of hurricane sandy. we had damage in pennsylvania mostly from wind. the damage was not comparable to the damage by the water damage done along the shore. i am looking forward to seeing a supplemental that is well- crafted. we have a fiscal crisis of enormous magnitude. the necessary spending is very real to address the emergency. it is important that the offset. >> thank you. i would like to thank the secretary for being here today. the financial stability of the fha is an issue the community does not take lightly. we will continue the dialogue and take action where necessary to protect taxpayers. we appreciate your testimony. this hearing is adjourned. >> thank you. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> tomorrow, talking about the automatic budget cuts totaling almost $1.20 trillion including $500 billion in defense spending. >> the supreme court will look at what was passed in 2008 by a majority of 6-3 and they will say its precedent. indiana had a voter
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